China Communications Media : The private common stock proposal approved by the company's 2021 shareholders' meeting, the remaining unissued part is subject to termination

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Provided by: China Communications Media Group Co., Ltd.
SEQ_NO	3	Date of announcement	2022/07/12	Time of announcement	15:14:05
Subject	The private common stock proposal approved by the company's 2021 shareholders' meeting, the remaining unissued part is subject to termination
Date of events	2022/07/12	To which item it meets	paragraph 16
Statement	1.Date of the board of directors resolution for the change:2022/07/12 2.Effective registration date of the original plan:NA 3.Resolution date of additional issuance:Not applicable 4.Major change Reason for the change: A.The company passed the private placement of 40,000,000 shares at the ordinary shareholders' meeting on July 20, 2021, which is expected to be issued in two phases. B.The company has completed the first private placement of 1,750,000 shares, and plans to handle the second private placement of 5,330,000 shares. The quota of the remaining 32,920,000 shares will not continue to be processed. The insufficient funds will not affect the execution of the company's original plan, and the original plan is still feasible . 5.Content of each and every successive previously changed plan for raising of funds before and after change:Not applicable 6.Projected timetable for execution:Not applicable 7.Projected completion date:Not applicable 8.Projected possible benefits:Not applicable 9.Difference from original projected benefits:Not applicable 10.Effect of the current change on shareholder equity:Not applicable 11.Abstract of the original lead underwriter's appraisal opinion: Not applicable 12.Any other matters that need to be specified:NA